Wednesday, May 6, 2009

Real Estate Market Update

  • Activity continues to rise at open houses and with sales. Great homes, priced right, are selling within 7-14 days with multiple offers in most areas and most price points.
  • April inventory is down approx 4% from March (Santa Clara County Single Family Home)
  • Closed sales are up 26% for April. (Santa Clara County SFH). Sales are averaging 96% of last listed price.
  • Average Days on Market remains at approx 100 Days.
  • REO's: Still being held back by the banks - slowly coming to market and slowly moving West.

Want more info? Contact me.

Tracy Pina

http://www.FindYourNextHome.info

http://www.FindYourHomeValueNow.info